Cityscape Kuwait: Great deals for real estate investors

Reading time: < 1 MinuteDeb Marouha said that Cityscape Kuwait provides Kuwaiti investors with an ideal opportunity to evaluate a number of different projects at once, as well as to secure the best possible deals. Visitors to the second edition of Cityscape Kuwait—the leading real estate investment and development event held under the patronage of His Highness Sheikh Jaber Mubarak Al-Hamad Al-Sabah, Chairman of … Read more

«Trade» prepares to support pioneering projects based on technologies produced by Saudi universities

Reading time: < 1 MinuteDr. Tawfiq Al-Rabiah, Minister of Commerce and Industry, emphasized that the Ministry is working to establish an appropriate mechanism to support pioneering projects based on technologies developed by Saudi universities through loans and by removing any obstacles these projects may face. He added that the near future will see cooperation between the Ministry and King Fahd University of Petroleum and Minerals to support entrepreneurship programs and startups … Read more

Officially crowned to host the event. Dubai moves into the construction phase of Expo 2020

Reading time: < 1 MinuteThe UAE has completed the submission of its Expo bid to the Bureau in Paris, officially confirming Dubai as the host city for Expo 2020. On November 27 of every year leading up to 2020—the much-anticipated year when the UAE will open its doors to welcome 25 million visitors from around the world to the Expo in Dubai—our memories take us back to moments that… Read more

Doha hosts the third forum for Gulf businesswomen

Reading time: < 1 MinuteDoha recently hosted the Third Forum for Gulf Women Entrepreneurs, which was opened by Sheikh Khalifa bin Jassim bin Mohammed Al Thani, President of the Federation of GCC Chambers and President of the Qatar Chamber, with the attendance and participation of a number of women and businesswomen from the GCC countries. He announced that the Federation of GCC Chambers, based on its belief in the necessity of implementing and following up on the recommendations issued … Read more

Saudi investors participate in the «Major Projects in Egypt» conference»

Reading time: < 1 MinuteThe «Major Projects in Egypt» conference, organized by MEED, will take place on December 8–9 in the Arab Republic of Egypt. It will be attended by a select group of investors from several countries, led by investors from Saudi Arabia, Egypt, the UAE, and Kuwait, as well as representatives of business families and Gulf sovereign wealth funds, in addition to international financial institutions, regional financiers, and experts… Read more

Marrakech summit discusses ways to develop cooperation between entrepreneurs in China and Africa

Reading time: < 1 MinuteThe proceedings of the first session of the China-Africa Contractors Summit, held recently in Marrakesh, Morocco, the foundations for developing cooperation between Chinese and African contractors, paving the way for a closer economic partnership based on an approach that ensures supported and sustainable development. Moulay Hafid El Alami, Morocco’s Minister of Industry, Trade, Investment, and the Economy, called on Chinese investors to take advantage of the opportunities available in Africa and to accelerate … Read more

«Kuwait Finance House reveals the reasons for the decline in the volume of housing applications

Reading time: < 1 Minute  A report by the Kuwait Finance House (KFH) highlighted the success of the Public Authority for Housing Welfare in implementing a significant portion of its plans to complete thousands of housing units and plots in numerous areas, in addition to other necessary projects such as public buildings and infrastructure, among others, as part of the state’s ongoing efforts to alleviate the housing crisis, with the state aiming to complete more than … Read more

Reviewing the Real Estate Finance Law and its executive regulations Approving the establishment of a national authority to develop the real estate and housing sector

Reading time: 2 MinutesThe Council of Ministers approved the recommendations of the Council of Economic and Development Affairs, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Deputy Crown Prince, Second Deputy Prime Minister, and Minister of Defense, regarding the Ministry of Housing’s strategic directions, after the Council of Economic and Development Affairs discussed the Ministry of Housing’s vision, which was presented by Majid bin Abdullah Al-Hogail, Minister of Housing. A real estate authority, and the Council recommended … Read more

«Sharqiya Youth Business Forum and Exhibition 2015» Promotes youth projects

Reading time: 2 Minutes  The 2015 Eastern Province Youth Business Forum and Exhibition, recently sponsored by His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province and Honorary Chairman of the Council, promoted projects by young men and women of the nation that pave the way for a bright future for them. The forum took place amid active participation from young men and women of the nation, in addition to the participation of a select group of business leaders, dozens of exhibiting companies, and various organizations… Read more

In the latest economic report The real estate market is expected to change drastically when land fees come into effect

Reading time: 2 MinutesWhite land fees continue to dominate economic discourse and receive significant media attention,and in the latest economic report, it was predicted that the Kingdom’s new land fee system would stimulate the construction of more housing units for middle-income earners and address the acute housing shortage for this segment of Saudi citizens. Affordable housing projects: The report issued by the group… Read more